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Oral Testimony of Secretary Julian Castro U.S. House Committee on Financial Services Hearing on the Federal Housing Administration
On February 11, the U.S. Department of Housing and Urban Development (HUD) issued a press release titled Oral Testimony of Secretary Julian Castro U.S. House Committee on Financial Services Hearing on the Federal Housing Administration.
12 Feb 2015
Safeguard’s Power Players
In the February issue of HousingWire, Safeguard Properties Founder and Chairman Robert Klein, Chief Executive Officer Alan Jaffa and Chief Financial Officer Gregory Robinson were profiled in a section titled Power Players: Service Providers.
12 Feb 2015
Jacksonville Council Passes Bill Requiring Demolition of Blighted Homes Lacking Utilities
On January 27, the Florida Times-Union released an article discussing the passing of Ordinance 2014-427.
10 Feb 2015
Proposed Bill Adds Some Teeth to Texas’ Eminent Domain Rules
On February 9, Dallas Business Journal published an article discussing a bill filed by Sen. Charles Schwertner (R) that will provide more protections for private property owners against eminent domain seizures.
10 Feb 2015
Florida City Considering New Code to Combat Bank Owned Properties in Violation
On February 4, the Miami Herald published an article titled New law allows Coral Gables to seize some abandoned and neglected properties.
10 Feb 2015
Tough Choices for Servicers After Tenant Foreclosure Law Expires
On February 5, National Mortgage News published an article discussing potential issues facing mortgage servicers after the expiration of the federal Protecting of Tenants at Foreclosure Act at the end of 2014.
10 Feb 2015
San Francisco Controller’s Report Discourages Eminent Domain Use
On February 5, Bloomberg published an article discussing San Francisco Controller Ben Rosenfield’s recent report warning of potential negative impacts from the city’s participation in an eminent domain program designed to help homeowners avoid foreclosure.
9 Feb 2015
Freddie Mac New Bulk Appeal Template for Late Foreclosure Sale Reporting Compensatory Fees
On February 9, Freddie Mac issued an announcement titled New Bulk Appeal Template for Late Foreclosure Sale Reporting Compensatory Fees.
9 Feb 2015
MHA HAMP Reporting Update Updated Reporting Form Posted on HMPadmincom
On February 6, Making Home Affordable (MHA) issued a HAMP Reporting Update, subtitled Updated Reporting Form Posted on HMPadmin.com.
9 Feb 2015
Proposed State Legislation Pertaining to Maintenance of Vacant Properties
Recently, several states have introduced proposed pieces of legislation pertaining to maintenance of vacant properties. In the case of Indiana (HB 1411), legislation has been proposed pertaining to tenant occupied properties.
6 Feb 2015
Fannie Mae MBS Call-In Elimination Process Requirements
On January 30, Fannie Mae announced that MBS Call-In Elimination Servicer Process Requirements and Investor Reporting Scenarios are now available.
6 Feb 2015
Fannie Mae Standard Modification Interest Rate Adjustment
On February 6, Fannie Mae issued Servicing Notice: Fannie Mae Standard Modification Interest Rate Adjustment.
6 Feb 2015
FHA Mortgagee Letter 2015-04
On February 4, the Federal Housing Administration (FHA) published Mortgagee Letter 2015-04, subtitled Revised Notification to Homeowners of Availability of Housing Counseling Services.
6 Feb 2015
FEMA Declared Disaster Vermont
On February 3, FEMA issued a Presidential Major Disaster Declaration for areas in Vermont as a result of a severe winter storm December 9-12.
4 Feb 2015
HUD Announces Change to Debenture Interest Rates
On January 30, the U.S. Department of Housing and Urban Development (HUD) announced changes in the interest rates to be paid on debentures issued with respect to a loan or mortgage insured by the Federal Housing Administration under the provisions of the National Housing Act (the Act).
4 Feb 2015
Freddie Mac Updates Fraud Mitigation Best Practices
On February 3, Freddie Mac released an update titled Freddie Mac Updates Fraud Mitigation Best Practices.
3 Feb 2015